TMI BlogGST Council’s decisions regarding Law and Procedure related changes - Recommendations of the GST Council in the 38th meeting of the GST Council held on 18.12.2019X X X X Extracts X X X X X X X X Extracts X X X X ..... GST Council’s decisions regarding Law and Procedure related changes - Recommendations of the GST Council in the 38th meeting of the GST Council held on 18.12.2019 - Goods and Services Tax - GST Dated:- 18-12-2019 - News - 38 th Meeting of the GST Council, New Delhi 18 December, 2019 *** PRESS RELEASE (Law and P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rocedure related changes) In the 38 th meeting of the GST Council held on 18.12.2019, the GST Council recommended the following: Grievance Redressal Committees (GRC) will be constituted at Zonal/State level with both CGST and SGST officers and including representatives of trade and industry and other GST stakeholders (GST practitioners and GSTN etc.). These ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... committees will address grievances of specific/ general nature of taxpayers at the Zonal/ State level. Due date for annual return in FORM GSTR-9 and reconciliation statement in FORM GSTR-9C for FY 2017-18 to be extended to 31.01.2020. Following measures would be taken to improve filing of FORM GSTR-1 : waiver of late fee to be given to all taxpa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yers in respect of all pending FORM GSTR-1 from July 2017 to November 2019, if the same are filed by 10.01.2020. E-way Bill for taxpayers who have not filed their FORM GSTR-1 for two tax periods shall be blocked. Input tax credit to the recipient in respect of invoices or debit notes that are not reflected in his FORM GSTR-2A shall be restricted to 10 p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er cent of the eligible credit available in respect of invoices or debit notes reflected in his FORM GSTR-2A . To check the menace of fake invoices, suitable action to be taken for blocking of fraudulently availed input tax credit in certain situations. A Standard Operating Procedure for tax officers would be issued in respect of action to be taken in cases of non-filing ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of FORM GSTR 3B returns. Due date of filing GST returns for the month of November, 2019 to be extended in respect of a few North Eastern States. The Council also approved various law amendments which will be introduced in Budget 2020. [This note presents the decision of the GST Council in simple language for easy understanding which would be given effect ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... through Gazette notifications/ circulars which alone shall have force of law. The same will be made effective from the date as specified in such notifications / circulars.] - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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